Nevada PERS to Add Another Investment Officer
Steve Edmundson will no longer be the lone investment staff member at the $53.2 billion state pension fund.
The Nevada Public Employees’ Retirement System (PERS) is reportedly adding another investment officer to its staff, which would increase the $53.2 billion pension fund’s investment team to two.
A Nevada PERS joint budget committee last week approved a budget that includes the creation of an additional investment officer to join Steve Edmundson, who is currently the pension fund’s CIO and lone investment office employee, according to
The Nevada Independent, a nonprofit news organization. The new investment officer would be paid a base annual salary of $189,222 along with benefits, which would be paid for by PERS administration fees.